Meadowlands Announces Purse Hike
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The Meadowlands has announced its first round of purse hikes as a result of the bill signed into law by New Jersey Governor Phil Murphy on Thursday (February 14).
"As a result of New Jersey Governor Phil Murphy signing Senate Bill 2992 (containing the horse racing purse supplement) into law yesterday, The Meadowlands will raise overnight purses by $40,000 per card beginning the first weekend in March, then institute another $40,000 nightly increase the first weekend of April," said the track in a release on Friday (Feb. 15).
The release went on to state that "While it is a great help to be able to offer purses competitive with other tracks in the region, it is vitally important that horsemen support The Meadowlands with their entries as we must demonstrate improvement in the product to NJ legislators. The continuation of the purse subsidy is contingent on their satisfaction that these monies are being well allocated to the horse racing industry in the Garden State."
(with files from The Meadowlands)